You’d like the Frontier.

Wait for the recalls on the Ford and Chevy to start coming in en masse. My girlfriend has a 2013 F0rd, and we’re still getting recalls every other week. One recently required a brand-new block!

Let’s attach a real name to the problem. It is Nancy Shanahan, wife of current corrupt city supervisor, Aaron Peskin.

Those are Speed Grooves, they make the car go faster. 

Too late...

Felton’s tone in this article screams “god damnit”.

The mistake a lot of people were making when they were looking at the numbers was assuming that their costs would stay as high and that those high costs would move up in tandem with rising revenues.

I suggest you start checking the various varieties of crow so you can have it pre-selected when it comes time to eat it:

It’s not puzzling at all, Tesla could have reported a profit at any time for quite some time (They’ve been reinvesting everything and more into rapid growth). Even more so now that the Model 3 hit gross margin positive in Q2 already.

My understanding is Tesla does not include R&D (that’s a separate line item in their financial reports). It definitely includes labor.

Deposits are not counted as income.

After a quick glance at their report, I don’t see the huge shenanigans they’ve pulled in the past to claim a profit - if they can pull another quarter of this, I’ll gladly eat crow for my disbelief.

Well actually no, there are 2 types of long investors. The first kind is the one that cares about profit which is the dividend investor. They seek to earn small gains through dividends. The second kind is a growth investor that has more risk but larger gains.

Gross margin is what’s most important in a manufacturing company because R&D become a very small component of overall costs as volume increases.

Here it is from the SEC

Yes, clearly they would drop the price to where they don’t make money.

OR, they already have established savings in the rampup and now 46k models still produce decent margins. 

and now we finally have a ball park value on how much Tesla is making off the average vehicle, 20% profit on average when the average Model 3 sells for $55K. meaning that the new $46K model (if the cost of production is the same) is earning $2K at worst.

Great job, Elon!  Now stay off Twitter. 

Given their ramp-up status on the business maturity curve, it would be strange to see them announce a dividend anytime soon.  They’re very much in growth mode.

I have an ‘00 S10 Blazer. Driving a Colorado feels like staying at the Marriott when all you’ve ever stayed in is an EconoLodge. Personally, as long as it only “feels” cheap and works/lasts, I’m ok with that.